Legal Opinion
Ranier v. Mount Sterling National Bank
Kentucky Supreme Court
Decided June 6, 1991No. 90-SC-196-DGPublishedCited by 58 opinions
1Opinion of the Court
SPAIN, Justice.
This action arises out of the interpretation of a subordination agreement. In 1977, Phyllis Ranier loaned $200,000 to Al-gin and Doris Nolan and secured the promissory note with a first mortgage lien on their house and lot located in Montgomery County, Kentucky. In 1983, the Nolans applied for a home improvement loan with the Mount Sterling National Bank (Bank) to repair their home which was damaged by fire. Before approving the loan, the Bank required Mrs. Ranier to subordinate her lien on the Nolan property to the Bank’s mortgage lien.
On February 28, 1983, Mrs. Ranier and the…
2Cases cited8 opinions
- Parrish v. NewburyCourt of Appeals of Kentucky (pre-1976) · 1955
- Wilcox v. WilcoxCourt of Appeals of Kentucky (pre-1976) · 1966
- Jones v. LinkesCourt of Appeals of Kentucky (pre-1976) · 1954
- Louisville Joint Stock Land Bank v. McNeelyCourt of Appeals of Kentucky (pre-1976) · 1937
- Beech Creek Coal Co. v. JonesCourt of Appeals of Kentucky (pre-1976) · 1953
3 more not listed; retrieve them via the Exa API.
3Cited by58 opinions
- Metro Louisville/Jefferson County Government v. AbmaCourt of Appeals of Kentucky · 2009
- Farmers Bank & Trust Co. of Georgetown v. Willmott Hardwoods, Inc.Kentucky Supreme Court · 2005
- State Auto Property & Casualty Insurance v. HargisCourt of Appeals for the Sixth Circuit · 2015
- Auto Channel, Inc. v. Speed Vision Network, LLCDistrict Court, W.D. Kentucky · 2001
- Gresh v. Waste Services of America, Inc.District Court, E.D. Kentucky · 2010
53 more not listed; retrieve them via the Exa API.